New Issue: JPMorgan prices $530,000 0% buffered digital notes linked to Dow Jones

By Kiku Steinfeld

Chicago, Oct. 23 – JPMorgan Chase Financial Co. LLC priced $530,000 of 0% buffered digital notes due July 3, 2024 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains the payout at maturity will be par plus 12%. If the index declines but by no more than its 10% buffer the payout at maturity will be par. Investors will lose 1% for every 1% the index declines beyond its buffer.

The notes are non-callable.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Buffered digital notes
Underlying index:	Dow Jones industrial average
Amount:	$530,000
Maturity:	July 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 12%; par if index declines but by no more than 10% buffer; 1% loss for every 1% that index declines beyond the buffer
Initial level:	32,394.25
Buffer:	10%
Call:	Non-callable
Pricing date:	March 28, 2023
Settlement date:	March 31, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1.8%
Cusip:	48133UN32

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